$649,999
1033 19th Avenue
St Petersburg, FL 33705
Listing updated: June 1, 2026 at 12:39 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
4-Unit Investment Property – Strong Cash Flow + Upside Potential Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs. The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow. Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Local Insight
At $225/sqft for a 1925 quadruplex in a flood-safe X zone, you're getting solid value for a multi-unit income property in St. Petersburg's established Cromwell Heights area, though that century-old construction means you should budget carefully for potential mechanical and structural updates. The tight 0.15-acre lot limits expansion options and means unit spacing is tight, so vacancy or tenant issues hit harder than in a larger complex. For a serious investor, this comes down to the actual unit rental rates and current tenant situation—the bones and location are reasonable, but the financials need to pencil out given the deferred maintenance that typically comes with this age and price point.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history33 days on market
- Status: ActiveApr 30, 2026
- Listed$675,000Apr 29, 2026
- Price reduced$649,999
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 33
- Subdivision
- Cromwell Heights
- County
- Pinellas
- Year built
- 1925
- Living area
- 2,892 sq ft
- Price/sq ft
- $225
- Lot size
- 6,434 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0219H)
- Annual taxes
- $6,578 (2025)
- Parcel #
- 25-31-16-19350-002-0120
- MLS #
- TB8503357
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Interior Details
- Bedrooms
- 8
- Interior features
- Ceiling Fans(s)
- Laundry
- None
Heating & Cooling
- Heating
- Ductless
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence, Lighting, Private Entrance, Private Mailbox, Sidewalk
- Construction materials
- Brick
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Listing Details
- Listing date
- 2026-04-29
- On market date
- 2026-04-29
- Original list price
- $675,000
- MLS area
- 33705 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-30
- Tax legal description
- CROMWELL HEIGHTS BLK B, LOT 12
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take 9th Street / MLK Street South from Central Ave to 19th Ave S, turn right on 19th Ave S to address on right side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 1, 2026 at 12:39 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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